In an effort to diversify its holdings in the highly competitive militarized surveillance space, data analytics firm Palantir announced earlier that it had acquired the Pentagon for $800 billion. “After months of negotiating, I am thrilled to announce that the U.S. government has accepted our terms and agreed to sell us the Department of War,”ContinueContinue reading “Palantir acquires Pentagon for $800 billion: military now under command of software developer”
Category Archives: News
2026 world cup nets FIFA $9 billion, the most lucrative sporting event in history
For FIFA, bigger is better.As the 2026 World Cup drew to a close on Sunday with Spain’s 1-0 win over Argentina, FIFA emerged just as victorious as the Spaniards. The global soccer governing body came away with over $9 billion in revenue from the tournament, by far the most lucrative tournament in World Cup history.MuchContinueContinue reading “2026 world cup nets FIFA $9 billion, the most lucrative sporting event in history”
KPMG prepares to cut hundreds of staff amid leaks scandal
Big Four firm KPMG is preparing to slash hundreds of jobs and reduce partner pay by up to 20 per cent, as the fallout from the audit leaks scandal continues.Senior leaders at KPMG Australia, which has about 9000 staff and 700 partners, are scrutinising client bookings to gauge the scale of the hit to itsContinueContinue reading “KPMG prepares to cut hundreds of staff amid leaks scandal”
EU slaps €550 million fine on AliExpress over illegal and counterfeit goods
The EU’s crackdown on Chinese online marketplaces is accelerating, with aggressive compliance checks and increased charges for imports into the bloc from fast-fashion sites like Temu and Shein. The European Commission on Monday fined AliExpress €550 million for failing to adequately assess and mitigate risks linked to the sale of illegal, unsafe and counterfeit productsContinueContinue reading “EU slaps €550 million fine on AliExpress over illegal and counterfeit goods”
Landmark War Crimes Trial Puts Oil Bosses at Risk of Prison
Two former Lundin Oil executives are facing one of the most consequential corporate criminal trials in recent European history, accused of helping enable war crimes in Sudan by pushing for a security arrangement that prosecutors say relied on military force and civilian abuse. The case centers on whether business leaders can be held personally responsibleContinueContinue reading “Landmark War Crimes Trial Puts Oil Bosses at Risk of Prison”
BHP’s Jansen Potash Project Faces Significant Cost Overruns and $2.3 Billion Impairment
BHP Group is set to record a $2.3 billion writedown on its Jansen potash project in Saskatchewan, Canada, as total costs for the Stage 2 expansion have escalated significantly. The estimated investment for Stage 2 has increased to $6.9 billion, up from the initial $4.9 billion forecast when the expansion was approved in 2023. ThisContinueContinue reading “BHP’s Jansen Potash Project Faces Significant Cost Overruns and $2.3 Billion Impairment”
JCB’s hydrogen engine has been officially approved for sale and use
History is being made in the heavy machinery world! JCB’s revolutionary hydrogen combustion engine just got official approval for sale and use across Europe. After rigorous testing, eleven major licensing authorities—including Great Britain, Germany, France, and the Netherlands—have granted certification, paving the way for a massive commercial rollout. This isn’t just a minor update; it’sContinueContinue reading “JCB’s hydrogen engine has been officially approved for sale and use”
SpaceX Cements Final IPO Price At $135 As Retail Investor Orders Top $100 Billion
Repost of article by Ty Roush Forbes/ 11-06-2026 Topline SpaceX on Thursday officially set its IPO price at $135, as retail traders have reportedly submitted orders for more than $100 billion in SpaceX shares, likely shattering investor demand records in the highly anticipated trading debut for Elon Musk’s firm. Timeline everything elizabeth warren said inContinueContinue reading “SpaceX Cements Final IPO Price At $135 As Retail Investor Orders Top $100 Billion”
FIFA’s Readiness for the 2026 World Cup in Co-Host Nations
The 2026 FIFA World Cup, set for June 11 to July 19 across 16 cities in the United States (11), Mexico (3), and Canada (2), marks the first 48-team tournament co-hosted by three nations. With the event just over two months away as of April 2026, preparations show strong progress in stadium upgrades and infrastructureContinueContinue reading “FIFA’s Readiness for the 2026 World Cup in Co-Host Nations”
Iran’s Oil Route Gambit: Fact-Checking Closure Claims and Shipping Chaos
Fresh reports warn of catastrophic global trade disruptions if Iran and its proxies seal off two key chokepoints: the Strait of Hormuz and Bab el-Mandeb Strait. This claim demands scrutiny amid escalating US-Iran tensions in March 2026. Shipping discordThe claims assert Iran has already closed the Strait of Hormuz and is poised to block BabContinueContinue reading “Iran’s Oil Route Gambit: Fact-Checking Closure Claims and Shipping Chaos”